PYTH · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old-0.018%higher than 68% of spread values(window 1D)
long $0.05529 · short $0.05528(long 2m / short 2m old)
Entry Spread (order book)-0.411%on $10,000
long $0.05538 · short $0.05515(average execution prices, not mark)
market median $0.05547· long -0.3%· short -0.3%
⚠ Spread is inverted — Bitunix is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 272 samples
Current
-0.018%
68 pct
Median
-0.040%
Average
-0.041%
P25 → P75
-0.092% … +0.000%
Range
-1.253% … +0.914%
Std dev
±0.219%
Size per leg$= $20,000 total
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.05529
- Exchange Ticker
- PYTHUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- +10.95%
- OI
- $8.94M
- 24h Vol
- $4.20M
SHORT
Bitunix(cex)
Bitunix(cex)- Mark Price
- $0.05528
- Exchange Ticker
- PYTHUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.95%
- 24h Vol
- $1.26M
210 long / 269 short samples · 2 days · auto-refresh every 30s